Coming up: Weekly jobless claims

WASHINGTON (MarketWatch) - The U.S. Labor Department is set to release weekly jobless claims at 8:30 a.m. Eastern. Economists surveyed by MarketWatch expect claims in the week ended July 30 to edge up to 400,000 from an initial reading of 398,000 in the prior week. Claims fell below 400,000 last week for the first time since April, though the data often bounces around in July. Claims usually fall well below 400,000 for an extended period in a time of rapid hiring.

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